Boston tech companies are putting their energy toward creating new opportunities for development and growth, whether that’s launching new products or funding the startups of the future. This is the Built In Boston weekly refresh.
Medisafe pulled in $30M. To help individuals better manage their prescriptions, Medisafe provides personalized updates and notifications to its users, along with a way to track their health. The healthtech startup raised new funding to further its platform and grow its team. The Series C round was led by Sanofi Ventures and Alive Israel Healthtech Fund. [Built In Boston]
MassMutual launched a $50M investment fund. The life insurance company just announced its MM Catalyst Fund. The investment will be split evenly into two categories, the first aimed at facilitating growth for Black-owned, founded or managed businesses throughout the state, and the other toward funding tech companies outside of Boston. The fund aims to fuel job creation and business growth. [Business Wire]
Boston Tech Quote of the Week
Creatio raised $68M. With the cash from a new minority investment led by Volition Capital, the company that provides businesses with a low-code process management solution is making some new moves. The money will enable Creatio to invest in R&D, expand its sales and marketing strategy and increase its worldwide headcount. [Built In Boston]
Definitive Healthcare announced new capabilities. Its platform works to provide healthcare influencers like biopharma companies and medical device manufacturers with comprehensive market data and insights, a task it is better equipped to do following the addition of new solutions. The Framingham-based company now offers increased prescription claims coverage, new telemedicine insights and physician data and analytics. [Definitive Healthcare]
IntelyCare brought on David Burke as CFO. He was formerly the CFO of QPID Health.
Quincy-based IntelyCare provides long-term care institutions with a workforce management system that helps with staffing, scheduling and training healthcare workers. In his new position, Burke anticipates building on company momentum after its high revenue growth last year. [Business Wire]
